13-carat pink diamond could fetch $46.8 million at auction

by Samantha Ashenhurst | November 17, 2022 9:38 am

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A fancy vivid pink diamond ring is expected to sell for up to $46.8 million (US $35 million) when it goes under the hammer at Christie’s Magnificent Jewels sale next month.

Weighing 13.15 carats, the aptly named ‘Fancy Vivid Pink Diamond Ring[2]’ is among the most important coloured diamonds ever to appear on the market, Christie’s reports. The emerald-cut stone is of VVS1 clarity and is, potentially, internally flawless.

In the fancy vivid pink range, a diamond weighing more than six carats is rarely encountered, the auction house reports, adding that less than 10 per cent of pink diamonds weigh more than one fifth of a carat.

“This season has seen outstanding results for fancy-coloured diamonds and this particular fancy vivid pink is of the highest calibre,” says the international head of Christie’s Jewellery, Rahul Kadakia. “With impressive saturation, step-cut facets, and a clarity grade of potentially internally flawless, this 13.15-carat fancy vivid pink is magnificently rare.”

Following a viewing in Hong Kong from Nov. 14 to 15, the ring will be presented in New York, Dec. 2 to 5. To view the auction lots, click here[3].

In 2018, the 18.96-carat ‘Winston Pink Legacy’ broke the world record[4] for price per carat for a pink diamond at auction, selling for US$2.6 million per carat (US$50.3 million).

Source URL: https://www.jewellerybusiness.com/news/13-carat-pink-diamond-could-fetch-46-8-million-at-auction/

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